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Export Diversification: What's behind the Hump?
|Published in||Review of Economics and Statistics. 2011, vol. 93, no. 2, p. 590-605|
|Abstract||The paper explores the evolution of export diversification patterns along the economic development path. Using a large database with 156 countries over 19 years at the HS6 level of disaggregation (4,991 product lines), we look for action at the intensive and extensive margins. We find a hump-shaped pattern of export diversification similar to what Imbs and Wacziarg (2003) found for production. Diversification and subsequent reconcentration take place mostly along the extensive margin. This hump-shaped pattern is consistent with the conjecture that countries travel across diversification cones, as discussed in Schott (2003, 2004) and Xiang (2007).|
|Keywords||Export diversification — International trade|
|CARRERE, Céline, CADOT, Olivier, STRAUSS-KAHN, Vanessa. Export Diversification: What's behind the Hump?. In: Review of Economics and Statistics, 2011, vol. 93, n° 2, p. 590-605. https://archive-ouverte.unige.ch/unige:46586|